Hi, I’m Candace Bell and I’m a family lawyer here at Turnbull Hill Lawyers and today I’ll be talking to you about capital gains tax and what it can mean in your family law matter.

  • Does part of your property pool have an investment property?
  • Is one of the parties wishing to keep that property in your overall settlement?

Capital gains tax may be an issue and it can have an implication on what your overall entitlement might be.

Often I need to discuss with clients capital gains tax especially when they’re talking about which property in their pool they wish to retain. You may wish to keep one of your residential investment properties because you know in a few years it may have some great growth. What you may not realize though is that you’ll take on any capital gains tax liability that may be incurred.

If we haven’t addressed any of these capital gains tax issues in your documentation, it might be too late. It’s important that you get the right advice at the start to make sure all these matters are dealt with.

If you’re going through a separation or thinking about separating, this may be something that’s relevant to you. If so, feel free to contact the team here at Turnbull Hill Lawyers.

Related Services

Get Help

Please provide details regarding your matter so we can assist you.

We respond in 24 hours or less!*

*During regular business hours

Liability limited by a scheme approved under Professional Standards Legislation

Send us a Message

  • This field is for validation purposes and should be left unchanged.

Contact Us

Free Call 1800 994 279
  • Newcastle 02 4904 8000
    1st Floor, Charlestown Commercial Centre
    29 Smith Street
    Charlestown, NSW, 2290
  • Central Coast 1300 153 324
    Suite 1.2 (ground floor), Zenith Business Centre
    Tuggerah Business Park
    6 Reliance Drive

    Tuggerah, NSW, 2259
  • Sydney CBD 02 8076 6002
    Level 8, 65 York Street
    Sydney, NSW, 2000